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Startup Costs and Taxes: What You Need to Know Before Filing

RogerRossmeisl

If you’re one of the entrepreneurs, you may not know that many of the expenses incurred by start-ups can’t currently be deducted on your tax return. You should be aware that the way you handle some of your initial expenses can make a large difference in your federal tax bill.

Tax
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Financial Forecasting: How 3-Way Forecasts Help Predict Future Business Performance

Withum

You can use one or a combination of these methods to create historical, bottom-up and top-down forecasts. Historical forecasts are based on your business’s past performance; this can provide valuable insights, but if the organization is a start-up, this option is impractical.

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The Extra 1%: Proactive VAT Strategies

Accounting Insight

Take the common start up and small business question When should I register for VAT? Recapping the message from The VAT Teams speaker slot at Accountex last year, Rebecca Porter summarises how you proactively manage and advise your clients VAT. For accountants, VAT compliance work presents both challenges and opportunities.

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Are you a specialist or a generalist accountant? Should You Stick or Switch?

Mark Lee

Here’s just a few of the specialisms that are practiced by accountants I know: UK Tax advice French tax advice Probate Inheritance tax Capital gains tax R&D tax credits Salon based businesses Restaurants Contractors Charities Franchises Medical practitioners Funded tech start-ups Older entrepreneurs And so the list goes on.

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3 Minutes With Arun Mehra

Accounting Insight

The biggest hurdle was moving from a high paying Investment Banking job in the early 2000s to jump into starting up my very own firm from scratch, with zero clients, a new baby, and no idea how to run my own accounting firm. Whats the biggest career hurdle youve overcome? I have so far had a really enjoyable career.

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Top 10 Financial Considerations for Life Sciences Businesses Looking to Expand Into the United States

Withum

parent company be traveling to the United States to perform services or assist with starting up the U.S. Leadership Team Without Triggering Tax Risk Who will be managing the U.S. subsidiary? Will any employees from the non-U.S. subsidiary? parent company in the United States, which can lead to adverse tax consequences.

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Inspiration, Education, and Primo Networking: Intuit Connect Continues to be THE Event for Accounting Professionals

CPA Practice

The name change to Intuit Connect encompassed the integrated platform’s ability to help businesses start up and scale up, with accountants as the key advisors who, along with the QuickBooks ecosystem , guide their clients to growth.